My question is for the Minister of Colleges and Universities. One month ago, the Minister of Colleges and Universities spoke about the new agency Intellectual Property Ontario, and how work would shortly be getting under way to support this agency’s mandate.

I will keep my question short and brief: Can the minister inform the House on what progress has been made and when can Ontario expect to see some impact of IPON?

Through you, Speaker, can the minister explain exactly the benefits that IPON is intended to bring to the province of Ontario’s taxpayers?